Bitcoin In The Middle East

The Dubai-based firm said the company sees a huge potential in expanding through that region as a large segment of the population is unbanked.

A Financial Service For An Unbanked Market

At the moment, BitOasis purchases bitcoin through other markets and serves as a brokerage for users, however Co-founder Ola Doudin said her long term plan is that the firm will eventually open a cash-in, cash-out service in order to provide a financial service for the huge market that has previously been locked out of traditional banks.

When BitOasis first launched back in January, the company also rolled out a high security bitcoin wallet. Since then, it has signed on 15,000 users from Egypt, the UAE, Morocco, Tunisia, Indonesia and Malaysia.

Finally

Now you can get a free invitation, once you submitted your request the website will send to you back the confirmation link and it might take some time minutes or hours to receive it.